Emerson Announces Premium, All-Cash Proposal To Acquire National Instruments For $53 Per Share
01/17/23, 11:59 AM
Location
Industry
manufacturing
Emerson (NYSE: EMR) today announced that it submitted a proposal to the Board of Directors of National Instruments ("NI") (NASDAQ: NATI) to acquire NI for $53 per share in cash at an implied enterprise value of $7.6 billion.
Company Info
Location
St. Louis, Missouri, United States
Company info
Emerson Electric Co is a diversified global technology and engineering company. The company provides solutions for customers in industrial, commercial, and consumer markets. Emerson is known for its automation solutions and software capabilities. It operates in various segments including Process Management, Industrial Automation, and Commercial and Residential Solutions.
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